News - Responsible Wealth

In the US, the gap is widening fast between fewer and fewer rich people and everyone else. Do Americans care? RW member Eric Schoenberg joined Warren Olney, host of KCRW Los Angeles' "To the Point," for a conversation about why wealthy and upper-income members of RW support raising taxes on themselves.

Our current tax system rewards wealth over work by taxing capital gains and dividend income at a much lower rate than salaries and wages. UFE is calling for the restoration of the tax rates on capital gains and dividends to the same rate applied to income earned from work. Various proposals have been put forth to move in that direction.

Rep. Jan Schakowsky has introduced a bill that would ensure millionaires and billionaires contribute their fair share toward rebuilding and stabilizing our economy. Now, we need your support to move it forward.

Amid all the rightful outrage over Gov. Scott Walker's proposal to do away with collective bargaining rights for public sector unions in Wisconsin, one important point has been neglected: The demise of public sector unions would be most detrimental to women and African-Americans.